San Francisco median home sales prices have increased dramatically since 2012. Beginning from a low-$600k with an average price per sqft of mid-$500, and then accelerating in the first half of 2013 close to $800k with an average price of mid-$600 per sq ft, to almost $1M mediam home sales price and $800+ per sq ft currently. To say San Francisco and the Bay Area are in the midst of a very dramatic recovery would be considered a very large understatement.

Thankfully, new development is soaring once again, generally in the form of large new condo projects (many of which have already sold out), so if you’re deciding whether to buy a new condo, and paying $1000+ per sq ft for brand new everything, here is a list of the hot new developments that are changing various districts of San Francisco.

The highly anticipated Amero, in Cow Hollow, has 27 Units. Sadly, they’re all sold out before construction completes in Q4 of this year.

amerosf.com
But there are other developments which still have available units:

Vida
In the Mission district, Vida has 114 Units, and opened earlier this year, with about 25% sold. Featuring 1 to 2-bedroom units, up to 1,138 sq ft.vidasf.com

Fifteen FifteenAlso in the Mission, Fifteen Fifteen is a 32-unit building that might have one or two units left. Features studio to 2-bedroom, up to 1,100 sq ft.1515 street

Toward Mission Dolores neighborhood, there is 35 Dolores, a 33-unit building with an estimated opening in Q3:35-dolores

8 Octavia
Located in the vibrant Hayes Valley, 8 Octavia features hi-tech ammenities including Nest for temperature control, building is wired with high speed internet, and remote doorman service. This is one of the few buildings that has multi-floor penthouses with trendy concrete ceilings. 1 to 3-bedroom penthouse, totaling 40 units. Estimated Opening: Q4
Last time I visited they had only a couple units left, so don’t delay.8octavia.com

A few blocks south, we have 1450 Franklin, a 67-unit building with estimated opening in Q4:1450 Franklin

The major developments are all in District 9, which includes Potrero Hill, SOMA, Mission Bay, and Dogpatch.

Onyx
Located in the sunny Potrero Hill, Onyx is just steps from an array of cafes, restaurants, galleries, and nightlife. Opened in Spring this year, it is almost sold out. 1 to 2-bedroom, totaling 20 units.www.onyxsf.com

Arden by BOSA
Built by the developer behind the Madrone and Radiance, Arden is a luxury Condominium by Mission Creek. Some of its perks are the stylish interior design, minutes from the Mission Creek Park, dog park, and downtown. 1 to 3-bedroom, up to 2,300 sq ft. Total units: 263, and already 100 soldardenbybosa.com

Lumina and Park 181
Built by the developer behind the highly successful and iconic Infinity, Lumina (656 units) is one of the new constructions that will be changing SOMA along with Park 181, which is designed by famed architect Heller Manus, the same architect behind Infinity.
Park 181 (67 units) is an ultra luxurious new development that offers great views, as well as many luxury amenities. They are both located right by the new Transbay Terminal and minutes from the Ferry building. 1 to 3-bedroom. Estimated Opening: Q3-Q4luminasf.com/park181sf.com/

72 Townsend
Adjacent to the historic Condominium conversion at 88 Townsend, 72 Townsend is coming in 2015 and features 1 to 3-bedroom, up to 2,800 sq ft, totaling 74 units. 1:1 parking ratio.

Millwheel North
In the already up-and-came Dogpatch, Millwheel North is a two-building condominium project connected via a shared landscaped courtyard. Located across from Progress Park, its perks include proximity to Caltrain and everything that Dogpatch has to offer, including the Pier 70 redevelopment that is scheduled to kick off this summer. 1 to 3-bedrooms, up to 1,710 sq ft, totaling 39 Units. Estimated opening in Q3millwheelsf.com

That ought to get you started and help you zero in on some of the new developments popping up around town. But these things sell fast (so fast, that our numbers might already be off), so it’s best to have someone on your side. Give us a shout and we’ll get you dialed. If you, or anybody you know, has interest in any of these units, contact us for pricing, more details, and to get you in the door. (Developers and sales offices hold these details close to their chest.)

Perhaps you’ve been wondering about new developments in San Francisco, and perhaps it’s the only type of property you’ll buy (with good reason). Rejoice, there is a new development in San Francisco’s Dogpatch area that has opened its doors, and is available for immediate purchase, Millwheel South. Choose from one, two, and three bedroom floor plans on one of four floors with prices starting in the $500,000s. From the looks of their website and the amount of “SOLD” stamps all over it, you might want to get in sooner than later.

As always, I’m happy to get you in to negotiate price and terms. Something tells me they aren’t going to budge much on the price, but you can always negotiate a little something extra. I always do.

Any idea on the price to get into the top 12 floors [of the Infinity Tower II] that have the upgraded cabinetry?

That’s a good questions and we did a bit of digging. This reader has already received their answer via email, but we promised not to publish price online, so if you’d like to know the pricing, you’ll have to contact us.

The answer:
The top 6 floors (not 12…it was the top 10 on Tower 1) have the different cabinetry, the lowest price would be $1,XXX,000 for the North, 2 bd, terraced unit with 1,280 square feet.

And the follow up question:

What are the differences in appliances in the top 12 [remember it’s 6] floors?

The answer:
The top 6 floors of the Infinity Tower II have Poggenpohl Kitchen cabinetry (upgrades), as well as a Viking Stovetop, as opposed to the Bosch. In addition, the Bosch dishwasher (standard in all units) will have matching front that blends into the cabinetry as opposed to the stainless look.

[Updtate: It is the top 12 floors that have upgraded appliances (Viking Stovetop, Convection Microwave, and treated Paneling on the Dishwasher). It is the top 6 floors that get the upgraded Poggenpohl kitchen cabinetry.]

More questions about the Infinity or any other new developments in San Francisco? Drop us a line, or better yet, let’s schedule a tour.

Coming on the heels of our recent jaunt down to The Infinity, there were a couple questions that needed some clarification. Let’s get through those first, and then we’ll share our experiences of the much-hyped Tower II.

From “anon”:

What’s the price on those lovely midrise units? Are they willing to deal and if so, how much? Looking at deals for a 1 bed.

The answer: The mid-rise pricing for 1 bedrooms starts at $699,000. There are two studios, which are priced at $599,000 and $600,000. These are the last studios remaining. The sales office is happy to present any (reasonable) offer to the developer (so contact us).

From “Romeo Espedido”:

“Does tower 2 (T2) have the same floor plans as tower one (T1). Number of units per floor? Tower 2 looks skinnier than T1. Thanks.

The answer: Tower 2 does have the same floorplans and the square footages are pretty much the same as T1. Exact # of units per floor varies. Tower 1 is adjacent to the mid-rise building versus T2, which is more stand alone–as a result it may look skinnier than T1, but it is not. Also, as a result of the design of T2, they have several different floorplans in the lower floors including a 1 bedroom corner plan and several smaller 1-bedroom plans that start from $535,000.

From various readers around the blogosphere:

Are they going to forego selling the units and instead go the rental route?

Answer: No

Questions answered, now the pictures from the 27th Floor of T2:
Looking West from the balcony, T1 in the foreground, Millennium Tower in the distance, and ground breaking on temporary Transbay Terminal below:

Looking NW from the kitchen:

Looking NE from the living room, thats the Bay Bridge folks, and Treasure Island:

Apparently, theFrontSteps carries some weight, as we were privileged enough to go to many other floors than the 27th (like the penthouses), but we swore to keep the camera in the pocket and details zipped behind our lips (except the ~$7M price tag for one of those penthouses we’d gladly mix you a margarita in).

Needless to say, the views from Tower II on the North side of the building are hard to beat, and of course those are the units we were shown. Get on the south and you’ll definitely have some peeps looking in your windows, but that’s part of the fun, right. ;-) The details and finishes in the building are nice and clean, the floorplans work quite well, and the Infinity’s amenities (included in the HOA) are truly remarkable. The building is still very much in demand, and the place was buzzing with activity (yes, some contracts have already been written for Tower II). The pool area is great, the fitness room is huge (and was totally empty when we were there during business hours), and location is top-notch. So, if we had all the money in the world and could buy one unit at the Infinity, it would have to be one of the penthouses on the North East side of the building in Tower II, because we got beat out by another buyer on the second penthouse at The Millennium Tower. Damn!

As for pricing at The Infinity:
1 bedrooms from the mid $500,000s, square footage 700-1020
2 bedrooms from the high $700,000s, square footage 1160-1600
3 bedrooms from the high $900,000s, square footage 1630-1740
Penthouses…contact us

We have the deets, so don’t be shy getting in touch if you’d like a tour, or if you have any further questions. As always, thanks for hanging out on theFrontSteps, and happy housing!